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Redim
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Redin Pérez has worked for many years in the difficult business of raising cattle in the Cinco Pinos district of the city of Chinandega. He is an exemplary husband in that he always tries his hardest to provide food for his wife and three children in their home.


After purchasing his cattle, Redin provides them with all the right conditions for their growth: taking care of their food and protection and making sure they don’t get lost. Once they’re fully mature, Redin sells them in his area and also provides their milk for sale. Currently he needs to purchase cattle to raise and for this reason is turning to Ceprodel to obtain credit.

Translated from Spanish by Todd M. Anderson



El señor Redin Pérez se ha dedicado desde hace varios años al arduo negocio de la ganadería el cual atiende en su sector en el municipio de Cinco Pinos en la ciudad de Chinandega. Es un caballero muy ejemplar por el hecho de que en todo momento realiza sus mayores esfuerzos para llevar el alimento a su esposa y tres hijos en su casa de habitación.


El ganado una vez que es adquirido, le brinda todas las condiciones necesarias para su desarrollo cuidando de su alimentación y de su protección evitando que sean extraviados. Una vez que estos están en completo desarrollo, los comercializa en su zona y proporciona la leche para su respectiva venta. Hoy en día su necesidad es la compra del ganado y es por este motivo que acude a Ceprodel para obtener el crédito con el cual lograr la compra de estos animales para su desarrollo.

Additional Information

About CEPRODEL

This loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.

About Nicaragua

  • $4,800
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 19.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Redim purchase of livestock.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 17, 2008
Listed
May 31, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010